The Portland Development Commission is expected to approve a deal to renovate the Grove Hotel in Old Town into a hostel for young creative types.

The deal will lock in more than $3 million in taxpayer losses and require nearly that much more in loans. But officials with the urban renewal agency say it's the only way to forge ahead with a plan for private developers to renovate the old Grove Hotel into a youth hostel, giving the gritty area an anchor and attracting young people who someday could fill local tech jobs.

A development team that includes Howard and Linda Davis and David and Katherine Gold originally proposed a $4.2 million overhaul. But according to PDC documents, the project stalled after construction estimates "significantly exceeded" that.

Brand Stories

BY KATRINA WALKER

Generations of students and graduates have been plagued by the question: What is my true calling in life? Four alumni from Corban University’s Hoff School of Business who graduated in different decades say the school helped them find the answer by giving them a practical, well-rounded education.

It’s happening whether anyone’s ready or not. Businesses here in Oregon and across the U.S. are already experiencing the effects of the largest generational shift in recent history, and these changing tides will impact every level of the workplace — from a company’s executive leadership to its cultural core.

The Oregon Chapter of the Society for Marketing Professional Services, will be hosting it’s Annual Dinner and Keynote event on March 12, 2015. The evening promises to be memorable, with this years Keynote, Christine McKinley.